Common use of Continuation of Plan Clause in Contracts

Continuation of Plan. Subject to the continuing approval of the Commissioner of Internal Revenue and of other cognizant governmental authorities, as more particularly hereinafter specified, a Financial Security Plan (the "Plan") in the form as now in effect as to the employees within the units to which this Agreement relates shall continue to be effective while this Agreement is in effect as to such employees in accordance with and subject to the terms, conditions and limitations of the Plan. No new contributions will be made to the Financial Security Plan with respect to Members after December 22, 2005. All other features of the Plan shall remain in place including, but not limited to, the ability to direct investments and the rules regarding distributions.

Appears in 12 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Continuation of Plan. Subject to the continuing approval of the Commissioner 55 of Internal Revenue and of other cognizant governmental authorities, as more particularly 56 1 hereinafter specified, a Financial Security Plan (the "Plan") in the form as now in effect as to 2 the employees within the units to which this Agreement relates shall continue to be effective 3 while this Agreement is in effect as to such employees in accordance with and subject to the 4 terms, conditions and limitations of the Plan. No new contributions will be made to the Financial 5 Security Plan with respect to Members after December 22, 2005. All other features of the Plan 6 shall remain in place including, but not limited to, the ability to direct investments and the rules 7 regarding distributions.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Continuation of Plan. Subject to the continuing approval of the Commissioner of 10 Internal Revenue and of other cognizant governmental authorities, as more particularly hereinafter 11 specified, a Financial Security Plan (the "β€œPlan"”) in the form as now in effect as to the employees 12 within the units to which this Agreement relates shall continue to be effective while this Agreement 13 is in effect as to such employees in accordance with and subject to the terms, conditions and 14 limitations of the Plan. No new contributions will be made to the Financial Security Plan with 15 respect to Members after December 22, 2005. All other features of the Plan shall remain in 16 place including, but not limited to, the ability to direct investments and the rules regarding distributions.regarding

Appears in 1 contract

Samples: Collective Bargaining Agreement

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